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- What is going on with Equifax breach?
- What could Equifax have done differently to prevent this breach?
- Can you sue Equifax if your identity is stolen?
- What does Equifax do and how does it affect your life?
- Will Equifax really pay $125?
- Was my information leaked by Equifax?
- Who was responsible for the Equifax data breach?
- How well did Equifax respond to the breach?
- What should Equifax have done differently?
- Has anyone received money from Equifax?
- How do I sue the credit bureaus and win every time?
- Can I sue Equifax?
What is going on with Equifax breach?
The company has agreed to a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau, and 50 U.S. states and territories. The settlement includes up to $425 million to help people affected by the data breach.
What could Equifax have done differently to prevent this breach?
The committee made several recommendations to prevent future incidents like the one at Equifax, including reducing the use of social security numbers as personal identifiers. To protect yourself freeze your credit, have secure passwords and be sure to shred sensitive documents.
Can you sue Equifax if your identity is stolen?
Sue Equifax for data breach
If your information has been exposed, you can file a claim against Equifax in small claims court, or join the class action against Equifax in federal court.
What does Equifax do and how does it affect your life?
The simple explanation is that Equifax is a credit reporting agency and based on the information that they have on consumers, they come up with a credit score. ... Based on that credit history the lender can then make a decision to give you a loan, or not give you one, and what your interest rate will be.
Will Equifax really pay $125?
Equifax is indeed paying out right now—but not to you. Instead, the company has finally agreed to pay the banks (PDF) for the inconvenience of having to cancel and reissue millions of credit and debit cards, The Register points out.
Was my information leaked by Equifax?
If you want to check whether your data was exposed, the FTC and official settlement site have an online tool you can use to check if you were part of the Equifax breach. You'll need to enter your last name and last six digits of your Social Security number to see if your data was part of the hack.
Who was responsible for the Equifax data breach?
The U.S. Department of Justice announced that a federal grand jury in Atlanta delivered a nine-count indictment accusing four hackers and members of China's People's Liberation Army – Wu Zhiyong, Wang Qian, Xu Ke and Liu Lei – of serving as masterminds of the hack.
How well did Equifax respond to the breach?
The Equifax breach that potentially exposed the personal information of 143 million people was bad. The company's response has almost been worse, if that's even possible. Observers quickly found bugs, some of them serious, in that breach-response site. ...
What should Equifax have done differently?
Here's what they could have done differently:
- Announce Sooner. When Equifax discovered the data breach, they knew the situation would require further investigation before they could provide a full picture to the public. ...
- Anticipate media coverage. ...
- Be self-aware and forthcoming.
Has anyone received money from Equifax?
It's been one year since the settlement involving tens of millions of victims of the colossal Equifax data breach received final approval and the deadline passed for filing initial claims. There's still been no payout.
How do I sue the credit bureaus and win every time?
You may be able to sue the credit bureau in either state or federal court. If you're suing under the FCRA, a federal law, you generally would sue in federal court. However, your state may also have consumer protection laws that deal with your dispute. Contact your state or local consumer protection agency.
Can I sue Equifax?
Once you submit your Equifax dispute, Equifax has a 30-day window to verify and correct the mistake. ... If you receive your Equifax dispute results and see that the error was not fixed, you have the right to sue Equifax.
